当他们的价格落下时，债券投资收益上升。

Bond yields rise when their prices fall.

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凭借这个分析，我们可以估算出资产预期投资收益，特别是股票和债券的预期收益。

Underlying this analysis, we have estimates of the expected returns on assets, notably, the expected returns on stocks and bonds.

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除了影响投资者对货币的信心外，通货膨胀的骤升也会令市场担心投资收益缩水，诸如支付固定利率的债券等。

In addition to undermining confidence in currencies, a sudden jump in inflation could frighten the market by eroding the value of investments, such as bonds, that pay fixed interest rates.

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Underlying this analysis, we have estimates of the expected returns on assets, notably, the expected returns on stocks and bonds.

凭借这个分析，我们可以估算出资产预期投资收益，特别是股票和债券的预期收益。

耶鲁公开课 - 金融市场课程节选

Stocks have paid 4% more a year over this incredibly long time period than short-term bonds.

股票在相当长的一段时间里,每年都比短期债券投资收益率,高出4个百分点。

耶鲁公开课 - 金融市场课程节选

That bond multiple of 72 is just a drag on returns -what's the point?

债券72倍的收益看起来像在拖后腿,为什么还要投资于债券呢

耶鲁公开课 - 金融市场课程节选